Arfin India Limited share price
Arfin India Limited manufactures and trades in ferrous and non-ferrous metals in India. Its products include conductor and cables, aluminum wire rods, cored wire, ferro alloys, inoculant, aluminum deox, and aluminum alloys ingots. It serves electrical transmission and distribution, steel, foundry, construction, packaging, and infrastructure industries. The company also exports its products. Arfin India Limited was incorporated in 1992 and is based in Gandhinagar, India.Read more
- Market Cap₹ 1,733 Cr.
- Current Price₹ 102.72
- High / Low₹ 114 / 49
- Stock P/E94.2
- Book Value₹ 10
- Dividend Yield0.23 %
- ROCE20.8 %
- ROE9.40 %
- Face Value₹ 1.0
More figures (10)
- EPS (TTM)₹ 1.09
- Price / Book10.29
- OPM7.5 %
- Debt / Equity0.76
- Sales growth (3Y)4.3 %
- Profit growth (3Y)14.4 %
- Promoter holding75.7 %
- EV / EBITDA37.5
- Beta0.47
- All-time high₹ 114
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| ARFIN | +24.24% | +16.48% | +8.99% | +40.48% | +104.26% | — | — |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- Arfin India Limited is in the Aluminum industry (Basic Materials), with a market value of ₹1,733 crore.
- It trades at 94.2 times its last 12 months' earnings and 10.3 times book value.
- Revenue grew 4.3% a year over the last 3 years, profit 14.4% a year.
- Return on equity was 9.4% and return on capital employed 20.8% in the latest year.
- Debt was 0.76 times shareholders' equity.
- The share price is 9.8% below its 52-week high and up 104.3% over one year.
- Promoters and insiders hold about 75.7%; institutions about 0.0%.
Pros
AI- Latest quarter (Jun 2026): sales up 95% and profit up 277% from a year ago.
- Promoters hold a large stake of 69.77%.
Cons
AI- Return on equity has been low: 8.5% on average over the last 3 years.
- Interest cover is thin: operating earnings are 2.4 times the interest cost.
- Trades at 10.3 times its book value.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About Arfin India Limited
Arfin India Limited manufactures and trades in ferrous and non-ferrous metals in India. Its products include conductor and cables, aluminum wire rods, cored wire, ferro alloys, inoculant, aluminum deox, and aluminum alloys ingots. It serves electrical transmission and distribution, steel, foundry, construction, packaging, and infrastructure industries. The company also exports its products. Arfin India Limited was incorporated in 1992 and is based in Gandhinagar, India.
- Employees
- 203
- Head office
- Gandhinagar
Peer comparison
Basic MaterialsAluminum
| S.No. | Company | CMP ₹ | P/E | Mar Cap ₹ Cr | Div Yld % | NP Qtr ₹ Cr | Qtr Profit Var % | Sales Qtr ₹ Cr | Qtr Sales Var % | ROCE % | ROE % | P/B | OPM % | Debt / Eq | Prom. Hold. % | Sales ₹ Cr | Sales Var 3Yrs % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Arfin India | 102.72 | 94.2 | 1,733 | 0.23 | 4 | 276.92 | 213 | 95.46 | 20.8 | 9.4 | 10.29 | 7.5 | 0.76 | 75.74 | 618 | 4.3 |
| 2. | Hindalco Industries | 908.00 | 12.3 | 2,01,561 | 0.56 | 7,013 | 75.15 | 84,825 | 32.06 | 9.4 | 10.3 | 1.48 | 10.7 | 0.73 | 37.57 | 2,72,642 | 7.1 |
| 3. | Vedanta Aluminium Metal | 371.85 | 37.8 | 1,45,176 | 4.45 | 6,597 | — | 21,393 | — | 42.0 | 65.6 | — | — | -0.84 | 58.39 | 0 | — |
| 4. | National Aluminium Company | 324.25 | 8.8 | 59,553 | 1.26 | 2,003 | 90.87 | 5,302 | 39.28 | 33.3 | 29.4 | 2.76 | 40.7 | 0.01 | 51.28 | 17,729 | 7.8 |
| 5. | Belding India | 937.65 | — | 1,358 | 0.00 | -4 | -276.64 | 0 | — | 0.3 | -0.6 | 1.29 | -10,308.2 | 0.04 | 65.48 | 0 | -89.7 |
| 6. | CMR Green Technologies | 219.96 | 18.0 | — | 0.00 | 6 | — | 312 | — | 19.8 | 14.6 | 3.14 | 5.5 | 0.93 | 85.00 | 7,215 | 17.4 |
| Median: 6 Co. | 348.05 | 18.0 | 59,553 | 0.40 | 1,005 | 83.01 | 2,807 | 39.28 | 20.3 | 12.5 | 2.76 | 7.5 | 0.39 | 61.94 | 3,917 | 7.1 |
Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.
Quarterly Results
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Projection — your assumptions
Starts from the last four reported quarters (TTM) and applies the figures you enter; growth is pre-filled with the company's own past sales growth. This is a what-if calculator for illustration, not a forecast, estimate or recommendation.
Related party transactions
Related-party transactions are dealings with promoters, directors, subsidiaries and associates. Companies disclose them to the exchanges every half-year and in detail in the notes to their annual report.
No separate related-party filing among the recent announcements of the company.
Full details: notes to the Financial Year 2026 annual report (related party disclosures).
| ₹ Cr | Mar 2026 | TTM |
|---|---|---|
| Sales | 618 | 722 |
| 572 | 672 | |
| Material Cost % | 83% | 84% |
| Employee Cost % | 2% | 1% |
| Other Expenses % | 8% | 7% |
| Operating Profit | 46 | 50 |
| OPM % | 7% | 7% |
| Other Income | 1 | 1 |
| Interest | 19 | 19 |
| Depreciation | 5 | 5 |
| Profit before tax | 24 | 27 |
| 35% | 31% | |
| Current tax | 7 | |
| Deferred tax | 1 | |
| Net Profit | 15 | 18 |
| EPS in Rs | 0.92 | 1.09 |
Compounded Sales Growth
- TTM:
- 17%
Compounded Profit Growth
- TTM:
- 19%
Stock Price CAGR
- 1 Year:
- 104%
Return on Equity
- 4 Years:
- 9%
- Last Year:
- 9%
| ₹ Cr | Mar 2026 | TTM |
|---|---|---|
| Sales | 625 | 724 |
| 582 | 678 | |
| Material Cost % | 84% | 85% |
| Employee Cost % | 1% | 1% |
| Other Expenses % | 8% | 7% |
| Operating Profit | 43 | 46 |
| OPM % | 7% | 6% |
| Other Income | 1 | 1 |
| Interest | 19 | 19 |
| Depreciation | 5 | 5 |
| Profit before tax | 21 | 24 |
| 36% | 32% | |
| Current tax | 6 | |
| Deferred tax | 1 | |
| Net Profit | 14 | 16 |
| EPS in Rs | 0.81 | 0.96 |
| Dividend Payout % | 14% |
Compounded Sales Growth
- TTM:
- 16%
Compounded Profit Growth
- TTM:
- 18%
Stock Price CAGR
- 1 Year:
- 104%
Return on Equity
- 4 Years:
- 9%
- Last Year:
- 9%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 16 | 16 | 17 | 17 |
| Reserves | 72 | 80 | 140 | 153 |
| 112 | 120 | 117 | 129 | |
| Long term borrowings | 35 | 28 | 23 | 17 |
| Short term borrowings | 77 | 92 | 94 | 112 |
| 67 | 69 | 71 | 72 | |
| Trade payables | 62 | 66 | 63 | 59 |
| Current liabilities | 141 | 159 | 159 | 174 |
| Total Liabilities | 267 | 285 | 344 | 371 |
| 66 | 66 | 67 | 74 | |
| Gross block | 84 | 87 | 93 | 105 |
| Accumulated depreciation | 18 | 22 | 26 | 31 |
| CWIP | 1 | 4 | ||
| 200 | 220 | 273 | 297 | |
| Inventories | 112 | 149 | 182 | 223 |
| Trade receivables | 57 | 53 | 52 | 30 |
| Cash & equivalents | 8 | 0 | 1 | 0 |
| Current assets | 199 | 219 | 276 | 296 |
| Total Assets | 267 | 285 | 344 | 371 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 29 | 5 | -21 | 22 | |
| Profit for the year | 10 | 8 | 9 | 15 |
| Working capital changes | -0 | -25 | -56 | -21 |
| Direct taxes paid | 1 | -3 | -2 | -3 |
| -8 | -4 | -8 | -15 | |
| Fixed assets purchased | -8 | -3 | -6 | -15 |
| Fixed assets sold | 0 | 4 | ||
| Investments purchased | -0 | -0 | -3 | -4 |
| Investments sold | 0 | |||
| -14 | -8 | 30 | -8 | |
| Interest paid | -14 | -18 | -20 | -19 |
| Dividends paid | -2 | |||
| Net Cash Flow | 7 | -7 | 0 | -0 |
| Free Cash Flow | 21 | 1 | -27 | 7 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| ROE | 11.7% | 8.9% | 7.2% | 9.4% |
| ROCE | 18.7% | 21.3% | 17.7% | 20.8% |
| Operating margin | 4.2% | 4.9% | 5.4% | 7.5% |
| Net margin | 1.9% | 1.5% | 1.5% | 2.5% |
| Debt / equity | 1.27 | 1.24 | 0.75 | 0.76 |
| Current ratio | 1.41 | 1.38 | 1.74 | 1.69 |
| Debtor days | 38 | 37 | 31 | 18 |
| Inventory days | 82 | 113 | 120 | 149 |
| Days payable | 45 | 50 | 42 | 39 |
| Cash conversion cycle | 75 | 100 | 109 | 128 |
| Working capital days | 39 | 41 | 70 | 72 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.
Shareholding Pattern
Numbers in percentages · as filed with NSE each quarter
- Promoters 69.77%
- FIIs 0.60%
- Government 0.04%
- Public 29.59%
| % | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|
| Promoters | 69.79% | 69.77% | 69.77% | 69.77% | 69.77% |
| 2.64% | 2.68% | 1.54% | 0.79% | 0.60% | |
| Foreign portfolio investors (Cat. I) | 2.64% | 2.63% | 1.51% | 0.74% | 0.57% |
| Foreign portfolio investors (Cat. II) | 0.05% | 0.03% | 0.05% | 0.04% | |
| Government | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% |
| 27.53% | 27.51% | 28.65% | 29.40% | 29.59% | |
| Retail (up to ₹2 lakh) | 7.15% | 7.53% | 7.98% | 8.59% | 8.59% |
| HNIs (above ₹2 lakh) | 9.71% | 9.30% | 7.73% | 7.01% | 6.73% |
| NRIs | 0.37% | 0.45% | 1.54% | 1.42% | 1.40% |
| Bodies corporate | 8.04% | 8.43% | 9.77% | 10.50% | 11.07% |
| IEPF | 0.15% | 0.16% | 0.16% | 0.16% | 0.11% |
| No. of Shareholders | 9,868 | 11,014 | 11,976 | 13,548 | 13,608 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Documents
Announcements
- Structural Digital DatabaseSDD Compliance certificate for the quarter ended September 30, 202613-Oct-2026
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Arfin India Limited has informed the Exchange about Certificate under Reg 74(5) of SEBI (Depositories and Participants) Regulations, 201810-Oct-2026
- Trading WindowArfin India Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201528-Sep-2026
- Shareholders meetingArfin India Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 19, 2026. Further, the company has informed the Exchange regar…21-Sep-2026
- Shareholders meetingArfin India Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 19, 202619-Sep-2026
- Record DateArfin India Limited has informed the Exchange that Record date for the purpose of Interim Dividend is 24-Sep-2026.18-Sep-2026
- DividendArfin India Limited has informed the Exchange that Board of Directors at its meeting held on September 18, 2026, declared Interim Dividend of Rs. 0.12 per equity share.18-Sep-2026
- Trading WindowArfin India Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201514-Sep-2026
- Disclosure under SEBI Takeover RegulationsArfin India Limited has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and…31-Aug-2026
- Disclosure under SEBI Takeover Regulations Mahendrakumar Rikhavchand Shah has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition o…27-Aug-2026
- Copy of Newspaper PublicationArfin India Limited has informed the Exchange about Copy of Newspaper Publication regarding Notice of 34th Annual general Meeting of the company25-Aug-2026
- General UpdatesArfin India Limited has informed the Exchange about Intimation Of Dispatch Of Physical Letter To Shareholders Whose Email Id Are Not Registered With Company/Depository25-Aug-2026
Annual reports
Credit ratings
Concalls & investor meets
None filed recently.
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 24 Sep 2026
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Latest news
In the news
- Arfin India ARFIN SDD Compliance Certificate H1 FY27Kalkine India · 3 d ago
- Arfin India (NSE:ARFIN): What Does Its Reg 74(5) Certificate for Q2 FY27 Mean?Kalkine India · 6 d ago
- ARFIN.NS Q2 2026 Earnings: ₹0.92 EPS on Near-Flat Revenue as Shares Slip 2.18% - Earnings Expansion Phasewww.siam.in · 1 Oct 2026
- Arfin India (NSE:ARFIN) 34th AGM Voting Results September 2026Kalkine India · 21 Sep 2026
- Arfin India (NSE:ARFIN) 34th AGM Outcome September 2026Kalkine India · 19 Sep 2026
From the company (NSE)
- Structural Digital DatabaseSDD Compliance certificate for the quarter ended September 30, 2026NSE filing · 13-Oct-2026
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Arfin India Limited has informed the Exchange about Certificate under Reg 74(5) of SEBI (Depositories and Participants) Regulations, 2018NSE filing · 10-Oct-2026
- Trading WindowArfin India Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015NSE filing · 28-Sep-2026
- Shareholders meetingArfin India Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 19, 2026. Further, the company has informed the Exchange regar…NSE filing · 21-Sep-2026
- Shareholders meetingArfin India Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 19, 2026NSE filing · 19-Sep-2026
- Record DateArfin India Limited has informed the Exchange that Record date for the purpose of Interim Dividend is 24-Sep-2026.NSE filing · 18-Sep-2026
- DividendArfin India Limited has informed the Exchange that Board of Directors at its meeting held on September 18, 2026, declared Interim Dividend of Rs. 0.12 per equity share.NSE filing · 18-Sep-2026
- Trading WindowArfin India Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015NSE filing · 14-Sep-2026
Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.
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